SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winners

Investors are hunting for companies that could gain from a wave of US stock offerings expected from SpaceX, Anthropic PBC and OpenAI. The article says the billions those firms plan to raise may trigger a fresh round of technology spending that will flow to Asian supply-chain firms — makers of server parts, specialized materials, cooling components and power equipment. Market participants view that dynamic as a potential catalyst for the next leg of the rally in Asian equities, prompting stock selection focused on suppliers to AI infrastructure rather than the AI platforms themselves.